As Africa’s cross-border payments market races toward a projected $1 trillion valuation by 2035, global fintech company Grey is staking a bold claim in the B2B arena. The company has officially launched Grey Business, a multi-currency payments platform designed to help African startups and SMEs operate internationally without the traditional friction of cross-border banking. Unveiled
In a move that could quietly redefine how artificial intelligence reaches emerging markets, M-PESA Ethiopia has partnered with Gebeya Inc. to launch the Dala AI Bundle — a subscription service that allows Ethiopians to access advanced AI creation tools and pay for them directly via mobile money. Announced in Addis Ababa on February 25, 2026,
While Valentine’s Day in the United Kingdom is marked by roses and dinner reservations, for millions of Africans in the diaspora, love often takes a more practical form: rent paid on time, school fees settled before deadlines, and medical bills handled without hesitation. On February 14, Velox Payments officially launches to the public in the
Kenya crossed a major milestone in 2025, with remittance inflows surpassing $5 billion (KES 649 billion) for the first time—making it one of the country’s top sources of foreign exchange. Yet, despite the scale and consistency of these inflows, they are largely ignored in formal credit assessments. According to the United Nations Conference on Trade
Africa’s stablecoin conversation is shifting—from speculation and retail crypto use to serious institutional treasury infrastructure. In Nairobi on Tuesday, Onafriq, the African fintech operating across 40 countries, announced a partnership with Conduit, a cross-border payments firm that leverages blockchain-based dollar tokens. The alliance signals a deeper evolution in how major African payment networks manage liquidity,
Nigerian cross-border payments startup Raenest is expanding into India and the Philippines, marking a significant shift in how African fintech companies are positioning themselves within the global digital workforce economy. The move places Raenest in two of the world’s most active freelance markets, connecting remote professionals in South and Southeast Asia directly to clients in
African insurers are emerging as the fastest climbers in the continent’s digital transformation race, even as fintechs maintain their lead, signalling a decisive shift in Africa’s financial services sector from rapid growth to operational efficiency and profitability. According to the African Financial Industry Report released by Deloitte in collaboration with the Africa Financial Summit (AFIS),
Flutterwave, Africa’s largest payments infrastructure startup, is taking another decisive step in reshaping how money moves across the continent. The company has partnered with blockchain infrastructure provider Turnkey and AI-powered global banking platform Nuvion to introduce stablecoin africa balances for merchants and users across its platform. The new capability allows Flutterwave users to hold and
FairMoney Microfinance Bank (MFB) has reinforced its position in Nigeria’s fast-growing fintech ecosystem after disbursing over ₦150 billion in loans and paying more than ₦7 billion in interest to savings customers within the past year, highlighting the increasing role of digital banks and the rise of Digital Banking in reshaping money in Africa. The milestone
Qore Technologies Group, a leading provider of Fintech Infrastructure and Banking-as-a-Service solutions, has announced the appointment of Michael Hoodfar as its new Chief Operating Officer (COO). The move marks a significant step in Qore’s expansion strategy as it seeks to scale across Africa and globally. Michael Hoodfar brings nearly two decades of experience in financial